WHY IT’S ON THE LIST
Monsanto makes clear the link between diversity and agriculture. As Chairman and CEO Hugh Grant states on the company website: “As we work towards our goal of producing more with less and improving the lives of a growing population, we need varied and innovative thinking at every point in our business. Agriculture affects every single person on Earth; to be successful Monsanto must be as diverse as everyone we touch.”
At Monsanto, diversity and inclusion drive business results through two key focus areas. The first is using metrics to effectively communicate the importance of diversity. The second is creating a shared understanding of inclusion and driving that value throughout the entire organization.
The company ensures senior leaders are accountable for diversity through regularly updated dashboards. Monsanto reviews these dashboards with its board of directors twice a year, and with Grant, his direct reports, HR leadership team, and the executive diversity & inclusion council at regular meetings.
Monsanto proactively builds diverse talent pipelines under the guidance of Melissa Harper, Vice President, Global Talent Acquisition & Chief Diversity Officer, through strategic sourcing, sponsorship, and skip level meetings between diverse talent and senior leaders.
The efforts are having positive results. Monsanto has 4% more Blacks, Latinos and Asians in management than the U.S. average (Equal Employment Opportunity Commission) and 9% more Blacks, Latinos and Asians in senior management than the U.S. average.
The company has a strong mentoring program, with management participation increasing by 10 percent this year. Almost 60 percent of the pairings are cross-cultural. All of the executives in the top two levels of the company participate.
Chairman and CEO
“A diverse and talented workforce, representative of the farmer customers we serve, is vital to Monsanto’s ability to help nourish our growing world. Embracing a wide range of perspectives and backgrounds is how we build the strong partnerships needed to pursue solutions to the big challenges we all share.”
Vice President, Global Talent Acquisition, Diversity & Inclusion and HR Compliance
“As a company committed to sustainable agriculture, our inclusive culture ensures we provide a great place to work for a globally diverse set of viewpoints and cultures. Diversity helps nurture our innovation and provides a foundation to develop solutions to some of agriculture’s biggest challenges.”
U.S. Headquarters: St. Louis
Global Employees: 22,000
U.S. Employees: 11,000
Last Year’s DiversityInc Top 50 Ranking: No. 46